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Revenues (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table represents a disaggregation of revenue for each reportable segment for the periods indicated (in thousands):

		Three Months Ended September 30, 2019
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	5,281			$	221			$	5,502
Product Revenue - Third Party		—				65,407				65,407
Product Revenue - Affiliate		—				6,505				6,505
Lease Revenue - Affiliate (1) (2)		39,304				20,838				60,142
Total Revenue		$	44,585			$	92,971			$	137,556

⁽¹⁾ Disaggregated revenue for the three months ended September 30, 2019 may not be comparable to disaggregated revenue for the three months ended September 30, 2018 as a result of our adoption of ASC 842, under which we applied the predominance principle and opted to not separate lease and non-lease components.

⁽²⁾ Net of $1.8 million of amortization expense for the three months ended September 30, 2019, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

		Three Months Ended September 30, 2018
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	3,653			$	64			$	3,717
Service Revenue - Affiliate		24,536				14,921				39,457
Product Revenue - Third Party		—				96,558				96,558
Product Revenue - Affiliate		—				9,017				9,017
Lease Revenue - Affiliate (1)		11,596				3,765				15,361
Total Revenue		$	39,785			$	124,325			$	164,110

⁽¹⁾ Net of $1.8 million of amortization expense for the three months ended September 30, 2018, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

		Nine Months Ended September 30, 2019
		Pipelines and Transportation				Wholesale Marketing and Terminalling				Consolidated
Service Revenue - Third Party		$	16,733			$	525			$	17,258
Product Revenue - Third Party		—				236,594				236,594
Product Revenue - Affiliate		—				23,078				23,078
Lease Revenue - Affiliate (1) (2)		112,694				55,758				168,452
Total Revenue		$	129,427			$	315,955			$	445,382

⁽¹⁾ Disaggregated revenue for the nine months ended September 30, 2019 may not be comparable to disaggregated revenue for the nine months ended September 30, 2018 as a result of our adoption of ASC 842, under which we applied the predominance principle and opted to not separate lease and non-lease components.

⁽²⁾ Net of $5.4 million of amortization expense for the nine months ended September 30, 2019, respectively, related to a customer contract intangible asset recorded in the wholesale marketing and terminalling segment.

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

As of September 30, 2019, we expect to recognize $1.1 billion in lease revenues related to our unfulfilled performance obligations pertaining to the minimum volume commitments and capacity utilization under the non-cancelable terms of our commercial agreements with Delek Holdings. Most of these agreements have an initial term ranging from five to ten years, which may be extended for various renewal terms. We disclose information about remaining performance obligations that have original expected durations of greater than one year.

Our unfulfilled performance obligations as of September 30, 2019 were as follows (in thousands):

Remainder of 2019		$	43,663
2020		174,284
2021		174,023
2022		172,872
2023 and thereafter		491,927
Total expected revenue on remaining performance obligations		$	1,056,769

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130556-203045

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